About Foldax India Private Limited
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Foldax India Private Limited is a private limited company based in Goa, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 15 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U33119GA2020PTC014494. Its GSTIN is 30AAECF2437P1ZM (Goa).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanjay Baliram Rane and Laxmikant Gunanath Khanolkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mathura One As – 2 Second Floor Sy. No.381/3 Socorro Village Porvorim Bardez, Goa, India – 403521.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.73 Cr, a growth of 108% compared to the previous year. For the same year it recorded a net profit of ₹91.67 Lakh (net margin 11.9%) and EBITDA of ₹1.35 Cr (EBITDA margin 17.5%). Revenue has grown at a compounded annual rate (CAGR) of 170% over three years.
The company is associated with 1 brand: Foldax. As per MCA filings, the company has open charges of ₹60.76 Lakh on record.
For more details, the company can be reached via its website foldax.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressMathura One As – 2 Second Floor Sy. No.381/3 Socorro Village Porvorim Bardez, Goa, India – 403521
- IndustryHealthcare, Medical Consumables & Supplies, Preventive Health Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Foldax India Private Limited
The main business activity of Foldax India is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Foldax India Private Limited FY 2025 filings available
Foldax India Private Limited reported revenue of ₹7.73 Cr (up 108% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Foldax India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 170% over three years, including 108% growth in the latest year. EBITDA rose 158% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Foldax India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.35 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹91.67 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Foldax India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17.5% | •••• | •••• | •••• |
| Net Profit Margin | 11.9% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Foldax India are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Foldax India Private Limited
Foldax India Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Medical Consumables, Preventive Healthcare Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Opti-Flex Medical Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | New Delhi, Delhi, India |
| Active Ageing Elder Care Services Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Thane, Maharashtra, India |
| Ephphatha Medical Services Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Thrissur, Kerala, India |
| Ashoka Rehab Private Limited | ₹7.75 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Hyderabad, Telangana, India |
| VKJ Healthcare Private Limited | ₹7.74 Cr (FY 2024) | •••• | •••• | 382.0% | •••• | Kothamangalam, Kerala, India |
| Foldax India Private Limited this company | ₹7.73 Cr (FY 2024) | •••• | •••• | 108.0% | •••• | Goa, India |
| Junagade Healthcare Private Limited | ₹7.72 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Nashik, Maharashtra, India |
| Pasricha Health Care Private Limited | ₹7.7 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Zenetic Super Multi Speciality Hospitals Private Limited | ₹7.7 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ranchi, Jharkhand, India |
| S.S. Clinic and Hospitals Private Limited | ₹7.69 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Uttar Pradesh, India |
| Aarni Eye Hospitals Private Limited | ₹7.69 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Foldax India by revenue in the Healthcare industry (Medical Consumables, Preventive Healthcare Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Foldax India Private Limited
Foldax India Private Limited is audited by SHOBHA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHOBHA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Foldax India Private Limited
Foldax India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Baliram Rane | Director | 12 Oct 2021 | 4 Years 11 Months | Current |
| Laxmikant Gunanath Khanolkar | Director | 15 Sep 2020 | 6 Years 0 Months | Current |
| Kenneth Arthur Charhut | Director | 20 Jan 2021 | 5 Years 8 Months | Current |
| Sean Michael Brady | Director | 20 Jan 2021 | 5 Years 8 Months | Current |
Ownership and Shareholding of Foldax India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Foldax India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 2022 | Others | ₹60.76 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Foldax India Private Limited
Foldax India operates one associated brand: Foldax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of bio-polymeric heart valves to treat aortic, mitral, and tricuspid valve diseases | foldax.com |
Employees and EPFO Compliance at Foldax India Private Limited
Foldax India Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Foldax India Private Limited
Foldax India Private Limited has 7 board changes on record since 2020: 4 appointments and 3 cessations. The latest: Kenneth Arthur Charhut ceased to be Additional Director on 24 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Foldax India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Foldax India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Foldax India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Foldax India Private Limited
Foldax India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAECF2437P1ZM | Goa | Active | 21 Oct 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Foldax India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Foldax India Private Limited
Foldax India is an active private limited company based in Goa, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 15 September 2020 (6+ years old) and is registered under CIN U33119GA2020PTC014494.
Foldax India reported revenue of ₹7.73 Cr for FY 2024 (up 108% YoY).
Foldax India has 4 current directors:
- Sanjay Baliram Rane - Director
- Laxmikant Gunanath Khanolkar - Director
- Kenneth Arthur Charhut - Director
- Sean Michael Brady - Director
Foldax India reported a net profit of ₹91.67 Lakh (net margin 11.9%) and EBITDA of ₹1.35 Cr (EBITDA margin 17.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Foldax India is 170% over three years. In the latest year (FY 2024) revenue rose 108%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Foldax India is 30AAECF2437P1ZM, registered in Goa.
The CIN (Corporate Identification Number) of Foldax India is U33119GA2020PTC014494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foldax India was incorporated on 15 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Foldax India by revenue are Opti-Flex Medical Private Limited, Active Ageing Elder Care Services Private Limited, Ephphatha Medical Services Private Limited, Ashoka Rehab Private Limited, VKJ Healthcare Private Limited and 5 more, all in the Healthcare industry (Medical Consumables, Preventive Healthcare Services).
Kenneth Arthur Charhut ceased to be Additional Director on 24 Dec 2021. Sanjay Baliram Rane ceased to be Additional Director on 24 Dec 2021. Sean Michael Brady ceased to be Additional Director on 24 Dec 2021. Foldax India has 7 board changes on record in total.
Foldax India can be reached through the website foldax.com. Its registered office is in Goa, India.